32 UNITS BUILT IN 2018... 5 BLOCKS from the OTTAWA RIVER in WENDOVER, ONTARIO! IMMEDIATE CASH FLOW - units can be fully-rented upon closing. Separated into 6 buildings, 24 units are - 3bedrm 1.5 bath townhouses (1300-1500 sq ft) and 8 - 1bedrm, 1 bath apartments (800 sq ft) in a complex sitting on 1.1 acres of Land. PROJECTED GROSS INCOME: $421,020 - EXPENSES: $85,712 = $335,308 proj NOI (room for much more income in future). Separate gas and hydro meters for each unit - tenants pay those utilities. HWTs paid by landlord. Stone and vinyl siding with a design that makes it feel like a home and not an apartment building. ADDED VALUE - Registered as a CONDO (as Moe about this bonus!). Situated in a waterfront town of Wendover, nice place only 1hr from Montreal and 35 min to Ottawa. Average household income is $97,639 and 84% of the houses are single family residential. BIG NEED FOR GOOD RENTAL UNITS. GET IN ON THE GROUND FLOOR... UNBEATABLE PRICE FOR NEW MULTI-RES. WE WELCOME OFFERS! (id:7533)
- Price:
- $6,499,000
- Bedrooms:
- 0
- Full Baths:
- 0
- Square Footage:
- n/a
- Acreage:
- n/a
- Year Built:
- 2018
- Listing #:
- 1137693
- Street Address:
- 500 Ovana Cres
- City:
- Wendover
- State:
- ON
- Postal Code:
- K0A3K0
- Subdivision:
- Wendover
- Listing Status:
- For Sale - Active
Building
- Number Of Units:
- 32
- Stories:
- 3
- Year Built:
- 2018
Source
- Provided By:
-
Listing Office: RE/MAX Hallmark Realty Group
